Drake Won $1.2M Worth of Bitcoin on Super Bowl Bet

The popular Canadian rapper – Aubrey Drake Graham (better known as Drake) – won $1,262,000 worth of bitcoin after the Kansas City Chiefs came out victorious on Super Bowl LVII and Patrick Mahomes scored a touchdown.

His last year’s bet was also successful, bringing him a profit of $300,000 in BTC.

Super Bowl is Immune to ‘Drake’s Curse’

The singer tried his luck on this year’s Super Bowl betting on numerous events. He wagered $700,000 worth of bitcoin on the Kansas City Chiefs to win the match for which he profited $777,000 in BTC.

Drake’s second bet included Patrick Mahomes scoring a touchdown, staking $50,000 worth of the primary cryptocurrency. The athlete finished the game with three touchdowns which resulted in a $700K gain.

The Canadian also predicted that JuJu Smith-Schuster will score a touchdown, Kansas City Chiefs will win both halves and each quarter, Travis Kelce will become MVP, and the position of the MVP will be tight end. He placed $215,000 in BTC on those bets, which turned out unsuccessful. 

The Chiefs were down in the first half and made a comeback by the end of the match, while the MVP was the quarterback Patrick Mahomes. 

In the aftermath, Drake’s total profit equaled $1,262,000 worth of the leading digital asset. He once again used the sports betting platform – Stake.

The musician won $300,000 in BTC last year when the Los Angeles Rams (LA Rams) won Super Bowl LVI, while Odell Beckham Jr. (OBJ) scored a touchdown.

Contrary to his forecasts on American football, he has lost numerous bets on other sports, such as soccer, boxing, and UFC. Many teams and athletes suffered a downfall after he announced support for them, which prompted the creation of the phrase “the Drake curse.” 

One example was the FIFA World Cup final between Argentina and France when the rapper predicted Lionel Messi and his teammates will win the trophy after 90 minutes of play. However, they secured the victory in penalties.

No Crypto Ads This Year

Last year’s Super Bowl became famous as the “Crypto Bowl” due to the numerous cryptocurrency companies that promoted themselves during the event. FTX, Crypto.com, and Coinbase were among the most active, but their logos did not appear last night (February 12) due to the bear market and the shrinking interest in the asset class.

The once-prominent FTX even filed for bankruptcy protection in November after experiencing enormous liquidity issues.

Food and beverage giants like Doritos, Heineken, and Bud Light replaced the crypto firms this year.